# ## ## ||**Pages**| |---|---| |Officers and professional advisers|1| |Trustees’annual report|2 -
6| |Independent examiner’s report|7-8| |Statement of financial activities|9| |Balance sheet|10| |Notes to the financial statements|11-17| ## |**Trustees**|J D Randall| |---|---| ||N A Fulton| ||R E Driver| |**Chairman**|N A Fulton| |**Secretary**|J D Randall| |**Registered Office**|Foden Bank| ||Ibstone| ||High Wycombe| ||HP14 3XZ| |**Registered Number**|Charity 1019274| |**Accountants**|Scrutton Bland Limited| ||820 The Crescent| ||Colchester Business Park| ||Colchester| ||C049YQ| |**Bankers**|Coutts & Co| ||440 Strand| ||London| ||WC2ROQS| |**Investment Advisers**|Charles Stanley & Co Limited| ||25 Luke Street| ||London| ||EC2A4AR| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||**Unrestricted**|**Endowment**|**Total**|**Total**| |---|---|---|---|---|---| ||**Notes**|**Funds**|**Funds**|**Funds**|**Funds**| |||||**2023**|**2022**| |||£|£|£|£| |**Income**|||||| |Investment income|5|**243,734**||**243,734**|150,362| |**Total income**||**243,734**|-|**243,734**|150,362| |**Expenditure**|||||| |Charitable activities:|||||| |Grants payable in the|||||| |furtherance ofthe|||||| |charity’s objects|6|**111,250**||**111,250**|191,950| |Management and administration||**54,965**|-|**54,965**|58,649| |**Total expenditure**||**166,215**|-|**166,215**|250,599| |(Losses) on disposals of|||||| |quoted investment assets||-|**(63,388)**|**(63,388)**|(324,760)| |Gains/(losses) on revaluation of|||||| |quoted investment assets||-|**478,049**|**478,049**|(925,944)| |**Net income/(expenditure) and**|||||| |**movement on funds**||**77,519**|**414,661**|**492,180**|(1,350,941)| |**Total funds brought forward**|||||| |**at 1 October 2022**||**(91,343)**|**9,585,841**|**9,494,498**|10,845,439| |**Total funds carried forward**|||||| |**at 30 September 2023**||**(13,824)**|**10,000,502**|**9,986,678**|9,494,498| ## ## ## ## ||**Notes**||| |---|---|---|---| |||**2023**|**2022**| |||£|£| |**Fixed assets**|||| |Investments|8|**9,526,807**|8,819,823| |||**9,526,807**|8,819,823| |**Current assets**|||| |Cash at bank and in hand||**285,920**|500,724| |Debtors|9|**176,951**|1,176,951| |||**462,871**|1,677,675| |**Creditors: amounts falling due**|||| |**within one year**|10|**(3,000)**|(1,003,000)| |**Net current assets**||**459,871**|674,675| |**Net assets**||**9,986,678**|9,494,498| |**Funds**|||| |**Capital funds**|||| |Endowments|11|**10,000,502**|9,585,841| |Unrestricted funds :|||| |General charitable funds|12|**(13,824)**|(91,343)| |||**9,986,678**|9,494,498| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||**2023**|2022| |---|---|---| ||£|£| |Independent Examiner’s remuneration|**5,460**|**4,500**| ## ## ## ## |**NVESTMENT INCOME**|||| |---|---|---|---| ||**General**|**Endowment**|**Total**| ||**Fund**|**Fund**|**Funds**| ||**2023**|**2023**|**2023**| ||£|£|£| |Income receivable from investment|||| |assets|**243,734**|-|**243,734**| ||**243,734**|-|**243,734**| ||**General**|**Endowment**|**Total**| ||**Fund**|**Fund**|**Funds**| ||**2022**|**2022**|**2022**| ||£|£|£| |Income receivable from investment|||| |assets|150,362|-|150,362| ||150,362|-|150,362| ## ||**2023**|**2022**| |---|---|---| ||£|£| |BEFA|**10,000**|10,000| |Brainwave|-|15,000| |Caroline Henderson|**400**|400| |Henderson|-|400| |Home Link|-|15,000| |Jessie May Trust|**25,000**|25,000| |Kirstie Henderson|**850**|750| |Macmillan|**50,000**|50,000| |Maggie’s|**15,000**|15,000| |SASBAH|-|400| |Snow Flake|-|15,000| |Starlight|-|15,000| |Sunshine Wishes|-|15,000| |Swings and Smiles|**10,000**|15,000| ||**111,250**|191,950| ## ## ||**2023**|**2022**| |---|---|---| ||£|£| |**Unquoted investments**||| |Book value at 1 October 2022|**250,000**|250,000| |Disposals|-|-| |Book value at 30 September 2023|**250,000**|250,000| ||**2023**|**2022**| |---|---|---| ||£|£| |**Quoted investments**||| |Marketvalue at 1 October 2022|**8,569,823**|2,264,986| |Additions|**2,173,781**|10,464,389| |Disposals|**(1,881,458)**|(2,908,848)| |Net gains/(losses) on revaluations in the year|**414,661**|(1,250,704)| |Market value at 30 September 2023|**9,276,807**|8,569,823| ||**2023**|**2022**| ||£|£| |**Total investments**||| |At 30 September 2023|**9,526,807**|8,819,823| ||**Interest in**|| |---|---|---| ||**ordinary share **|**Country of**| |**Subsidiary undertakings**|**capital**|**incorporation Principal activity**| |Walpole Group Limited|100%|England & Wales Holding company| |Company number: 02452734||| ## ## ## ||**2023**|**2022**| |---|---|---| ||£|£| |Amount owed from group undertakings|**176,951**|1,176,951| ||**176,951**|1,176,951| |**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||| ||**2023**|**2022**| ||£|£| |Accruals and deferred income|**3,000**|3,000| |Amounts owed to group undertakings|-|1,000,000| ||**3,000**|1,003,000| ## ## ||**2023**|**2022**| |---|---|---| ||£|£| |At 1 October|**9,585,841 **|10,836,545| |Net movement in funds for the year|**414,661**|(1,250,704)| |At 30 September|**10,000,502 **|9,585,841| ## ## |**GENERAL FUND**||| |---|---|---| ||**2023**|**2022**| ||£|£| |At 1 October|**(91,343)**|8,894| |Net movement in funds forthe year|**77,519**|(100,237)| |At 30 September|**(13,824)**|(91,343)| ## ||**Endowment**|**General**|**Total**| |---|---|---|---| ||**2023**|**2023**|**2023**| ||£|£|£| |Investments|**9,526,807**|.|**9,526,807**| |Current assets|**476,695**|**(13,824)**|**462,871**| |Current liabilities|**(3,000)**|-|**(3,000)**| ||**10,000,502**|**(13,824)**|**9,986,678**| ||**Endowment**|**General**|**Total**| |---|---|---|---| ||**2022**|**2022**|**2022**| ||£|£|£| |Investments|8,819,823|_|8,819,823| |Current assets|1,769,018|(91,343)|1,677,675| |Current liabilities|(1,003,000)|-|(1,003,000)| ||9,585,841|(91,343)|9,494,498| ##